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20110701
20110731
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's here to dish on the debt and deal in taxes. and big money, big problems? mitt romney's campaign is debt free, but where is all that money coming from? we'll tell you why it could add up to a little bit of trouble for the republican front-runner. good morning, it's monday, july 18th, 2011. i'm chuck todd. just 15 days until default day. let's get right to my first reads of the morning. it's a week of public spectacle and private wrangling. efforts to get a big debt deal done has failed. >> when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil. it took clinton and gingrich. the president is out there. he's willing to do it. he said it in the state of the union, he said it in the budget. the question is, do we have a partner to work with? and i hope the answer to that is yes. >> this week we'll see a two-track process. publicly, leaders will get a few votes out of the way to allow conservatives to get on the record on a balanced budget amendment and set the table that nothing besides the final deal can pass. meanw
into the deep south where heat is going to remain. a big ridge of high pressure in control there and the drought will continue to worsen. it's not just the heat, it's also the storms. usually the big area of high pressure like you see on the map, you get storms to the north and east side of it. we'll see severe weather in the northeast and the coast guard still looking for two missing boaters out of chicago. they had gusts over 60 miles an hour in a storm and they overturned some of the boats in the water. back to you. >> heat still dangerous across the country in many places. >>> casey anthony has been a free woman for almost 35 hours, but where did she go and who is helping her as she transitions back into society? kerry sanders has the latest details shortly on that. >>> treasury secretary tim geithner speaking this morning that this morning specific items regarding the debt deal. one of the options that senators harry reid and mitch mcconnell or working on raising the debt ceiling in exchange for $1.5 trillion in cuts over ten years. this would also create a new congressional panel that woul
14% in taxes and corporations pay 0%, and you raise more, you can have us a big deal here. >> they're still drawing lines in the sand that seem insurmountable with weeks to go before the august 2 deadline, congressional leaders are heading back to the white house today for yet another meeting to reach a deal on raising the country's debt ceiling. officials familiar with the negotiations say majority leader eric cantor dominated yesterday's meeting. cantor laid out what was agreed upon in the deficit reduction talks led by vice president biden, specifically $2 trillion in cuts in the next decade. the figure includes $1 trillion in discretionary spending. $200 billion in medicare and medicaid. and $200 billion to $300 billion on saved interest in the debt. >> so the military -- the military, i guess, comes in in the mandatory discretionary spending. >> military. >> sources familiar with the talks add that after the presentation president obama said the two sides might be able to reach consensus on roughly $1 pp 7 trillion. but there are still some issues to resolve. at one point in t
i'm thomas roberts. rupert murdoch will testify at parliament tomorrow, this is the big headline, all over the phone hacking scandal that's rocking his media scandal. meanwhile there was a new arrest of a top exec over the weekend, and now the head of scotland yard and his assistant are resigning. if you're keeping score so far, there have been three high-profile resignations, ten arrests and it is not over yet. jim maceda is live in london to bring us up to speed on this. jim, good morning. >> reporter: hi there, thomas. make that four high profile resignations. just a couple of hours ago scotland yard's number two, john yates, also resigned under increasing, extraordinary, really, pressure. that on the heels on his boss's resignation last night. commissioner paul stevenson, he was the head of scotland yard. he, if you will, fell on his sword and said that he could not in good conscience continue with all the challenges to keep the peace in great britain as he and specifically his relationship with the murdock media empire became such a focus of attention. he was calling it a ma
hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. >>> here's how citigroup describes it. asking what the u.s. economy might look like after a possible u.s. treasury default is akin to asking what will you do after you commit suicide. here's how the treasury secretary put it in a meeting with democrats. if this country defaults on its obligations, it will be much worse than the great depression. it will make the massive financial crisis of 2008 look mild. it will make what we just went through look like a quaint little crisis. when moody's said
on to as a pass towards raising the debt ceiling. i'm sure that was an edified discussion for their big senate plan, which the president likes, but it is not the president and the senate who need to get together to decide this thing. it's the president and the senate and the drunk kids at the other end of the building who are setting their barbies on fire and cooking metal in the microwave until it explodes. watch it burn! watch it burn! honestly, time for a reality check here. house republicans are not trying to drive a hard bargain and get the best deal possible. house republicans do not want to raise the debt ceiling. for anything. they would please not like to raise the debt ceiling. they would like to go into default, thank you very much. house republicans have been actively making that argument for weeks now that hitting the debt ceiling, oh, that won't hurt a bit, who cares? republican congressman mo brooks of alabama told the washington post this week that on the contrary, all credit rating should be improved by not raising the debt ceiling, which is like saying you're looking forward
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
. and thirdly, it denies president obama the economic and political benefits of a big deal now and one that maybe included stimulus and one that would have resuscitated the brand as a post-partisan leader, and one that would have taken the deficit off of the table for election of 2012. a good deal? maybe for the democrats who like bad deals and yet, he might accept it. joining me is senator kent conrad to talk about the deal. senator, welcome. >> good to be with you, ezra. >> this is the reid/mcconnell deal and not just the mcdonnell deal, and billed by republicans and democrats alike, so what do the democrats see in it? >> i think that about the only thing that anyone can see in it that is positive is averting the catastrophe that would come to the country if we did not extend the debt ceiling and if we fail to meet the obligations and fail to pay our bills, interest rates would spike, and markets would crash, and the economy would flounder. we would be in a very serious situation going forward. so, about the only good thing that it does is to avert that kind of catastrophe. >> but th
, use what we know are good skills at lying, erase her past or going to take a big payday although there is option three which is the money piling up in her account for men who for whatever reason, motives unknown seem to want to take care of her so she does have fans. i don't know if you saw the reports she does have fans. >> she has sponsors. >> sponsors is a polite way to put it. >> when we talk about the fact that she has money making potential to come to talk about the ordeal she went through, isn't it also a scarlet letter put on whatever organization decides to pay this woman? >> absolutely. when the adult entertainment industry, when triple x entertainers are saying our customers can't stand to have you involved with us, it's hard for a main stream organization to get behind her. >> tony what about the logistics for sunday? the reporting i've been hearing out of orange county florida they're not able to protect her other than if she were to call 911 and needed help they're not able to provide body guards or any services to her safety. >> there will probably be people waitin
as she stepped into the night and into a waiting suv. big smile on her face there. that suv drove away that's the last the public saw of casey. according to attorney chany mason that's some of the last we'll see of her for some time. >> i think if you're waiting to see her in court again, you'd better get a rocking chair. as far as all the rumors about paid interviews and books and movies there's been no truth to any of that. nothing has been agreed to in any capacity whatsoever. >> we're live in orlando, are you getting any clues about her whereabouts? >> reporter: not really. she really did vanish. her team here, her legal team effectively did what they wanted to pull off. she left the jail here, got into that suv, drove down the road right here which was closed off. there was nom news helicopters that chased. but there were a variety of s.u.v.'s out there. when they got into downtown it was sort of hard to keep track of which was which behind the buildings. next thing you know the news choppers lost her in the darkness downtown. then there was at an airport one of the s.u.v.'s had g
this will not be effecting anyone in the southeast u.s. let's get back to the heat wave because this is the big story of the week. historic heat wave. last week we had a heat wave for a couple weeks but this one will last all week. we have excessive heat warning in st. louis from now until friday. that's unheard of to go that long. huge ridge of high pressure will expand and head to the eastern seaboard where it's going to get uncomfortable as we head to the end of the week into the upcoming weekend. the dangerous heat right now, if you're elderly, the children, you know, day after day, anyone without air conditioning, is going to be in the orangish color. we're used to the heat in the dallas area. it's been 10 0 degrees now 16 days in a row. but you only have heat at vizryes to your north. it's where the humidity is very high. heat indexes will be in the dangerous level from minneapolis, all of iowa, kansas city, omaha, st. louis. how hot will it be? kansas city around 9, same for you in st. louis. when you add in oppressive humidity, it's not your typical humidity. ipts much more humid than it shou
are going to have a big choice -- they picked this fight with the president for a reason, the debt limit is not going to be raised unless we do something on the deficit projections now and in to the future. but the problem with the house republicans is, they never answered affirmatively in a politically sa political politically saliable way what the a the answer should be. you have to have a plan that can pass both chambers and the president can sign. otherwise, you're talking past the other party. >> the question is, nicole, what is republican position right now? at the end of last week, we had republican leaders on in the house, guys i like very much personally. been a champion of paul ryan. back from the time i met him, in 1994. but we ask, what do you want? and their position was, it's not enough to close the tax loopholes. we've got to cut tax rates, income tax rates for individuals and corporations. that's not going to happen in 2011. they know it's not going to happen. i say, okay, let's say you got that done, would that be enough? then paul ryan said, no. we need a fundamental tr
and had to do them later. this is another leader who made a big show of imposing new rules for the house, that every time they'd propose spending they'd have to propose cutting to offset, then with the very first bill he introduces, he violates his own rule. this is the house speaker who does photo-ops like this one. >> when we say we're going to cut spending, this is what we're doing, heard saying to himself i can't believe i just said that. again, it's his own press conference. nobody said mr. speaker, can we read your lips on this? he brought it up, repeating the most famous republican screw up line in the last 40 years, unforced error, own goal again. here he is on fox news last night talking about the need to raise the debt ceiling. >> so what is next? what if you don't get a deal? >> i don't know. >> third in line to the presidency, speaker of the house. dunno. whether or not you agree with john boehner on policy, whether or not you think john boehner on policy is right or wrong, whether or not you want him to succeed politically or you don't want him to succeed politically, john b
break. >> okay. >> then the heat is going to come back and it could come back big time next week. next week is looking like we could be sweating it out once again. >> more of those 115 heat indexes we saw today. >> yeah. >>> we begin with baseball's all-star game in phoenix. the winning league gets homefield advantage in the world series. in the bottom of the -- there's the tip of the cap from brian wilson of the giants. why not show that? second inning, toronto's jose a batista clearly sliding. risked life and limb. nice play. dave robertson likes it. the game was scoreless in the fourth when adrian gonzalez takes cliff lee deep to right center. a shot. first one of the game, a.l. up, 1-0. batista trying to score from second. watch the gun from hunter pence of the astros. just a dart. prince fielder, talk about his shot. that's a three-run home run about as deep as you can hit it there. one swing, the national league has the lead. jordan walden gets the runner here, castro at home. a nice bare hand play. gets him at the plate. the national league was ahead, 5-1, in the eighth inning.
presidential candidates have money problems. >> and big money, big problems? gop fundraisers staying on the sidelines. >> mitt romney, 70% maxed out contributions. >> gingrich's campaign is $1 million in debt. >> and the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> in the last 24 hours, two high-level resignations. >> head of scotland yard resigned yesterday. >> rebekah brooks was released on jail. >> rupert murdoch is said to face the scandal head-on tomorrow. >> now we move to david cameron. >> is cutting short a trip today to south africa. >> order. when are they going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday, david rogers of politico discovered and reported that house speaker john boehner and eric cantor held a secret meeting wit
tax breaks for wealthy americans and big corporations, and speaker boehner really digging in his heels saying he would not support anything, any deal that included something that looked like a tax hike. so with that, we begin these fourth round of talks today. will we get any different resolution from these talks? we will have to wait and see, but again, martin, as you pointed out, the rhetoric is heating up, and there is certainly a lot of skepticism going into the talks today. >> and kristen, the president has given ground, and he admits that his own supporters are angry about it, and he said yesterday that he was prepared to take heat. so where does he go from here if republicans are unwilling to compromise? is this meeting today utterly pointless? >> well, i don't know if it is utterly pointless, but the president is making the point that there is no place to go from here that we have to come to a deal, that both sides have to basically take on their sacred cows, and he is really ramping up the pressure to do that in an interview earlier today, he made the point that if they don't
? >> he's the big key to getting a deal between the president and the leaders. he is not the key to getting the vote in the house of representatives. mitch mcconnell is important. you have the republican house that is resisting a deal with the president and resisting raising the debt limit. you need republicans to move forward, but mitch mcconnell has shown a willingness much more f. he and a senior leader can make a deal t becomes more difficult for republicans to block it in the house. they will lose the republicans anyway. remember, john boehner passed the his plan that has no chance of going forward in the senate. it has debt limit increase on passage of a balanced budget amendment which is not going to happen. mitch connell can try to move that process along, but john boehner has to figure out how to get to a majority in the house. that's why nancy pelosi is relevant again as well as members of the caucus. >> this passage of a budget amendme amendment, if that's not put in there in some shape or form whether tied to raising the debt ceiling or a side bar, what does that say
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, it made taxpayer funded bailouts illegal. so tax payers don't have to foot the bill if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. and make sure that these protections work so ordinary people were dealt with fairly so they could make informed decisions about their finances. we didn't just change the law. we changed the way the government did business. for years the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with the mortgage lender you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge with just one job. looking out for regular people in the financial system. this is an idea that i got from elizabeth warren who i first met years ago. back then this
with separation. >> and david, i believe i got to go with big spending cuts in revenues. makes no sense. >> i think the president, i said earlier, has leverage at this point because republicans depicted themselves as hostage-takers ready to blow things up and the public doesn't like this. they stood their ground. pat's right about that. the tea party people would be happy to see $100 billion cut out of the next budget which is in the bill that's up this week, even if that leads tos 700,000 lost jobs. happy top do safety inspections, environmental protection. this is what they want to do and stand by -- >> let's get back to reality. back to reality -- >> no. this is the reality, pat. >> david, what about -- >> david, hold on. let pat make his case. >> let me ask you this, chris. the republicans, say the mcconnell plan has a trillion or a trillion and a half in budget cuts in it. >> i don't think it does. >> in the house it passes. they send it to the president. he's going to veto it, shut down the government and puts if default? come on. >> the whole idea, mcconnell's, separate cuts from spend
, and that is part of the big debate regarding this honor that is given out. >> well, there are plenty of acts of valor all of the time. everyday our troops are in contact with the enemy, we are having troops killed and wounded everyday, and there are valorous acts that are performed by our soldiers and sailors and airmen and marines all of the time. it is only some of them that get recognized but if you ask any recipient of the medal of honor or indeed any recipient, he will tell you he is not wearing it for himself, but those who can't. >> and this is only the second living recipient since the vietnam war, and we know many hundreds of thousands of troops out there who have served multiple troops like sergeant petry who served in iraq and afghanistan and who you would like to have them receive this honor while they are there and hear the words of honor said from the president and thosexd attendance there. >> well, he said it eloquently in that it is important that we have a -- see it and hear it, because otherwise we don't feel important to it. and it is important to recognize these people wh
? >> we didn't talk about the gang of six plan. what i like is it's talking about big bold bipartisan plan, a lot of details not out about it. it does talk about 3$3.7 trillin worth of spending cuts over the next ten years and talks about tax reform, i think is critically necessary, talks about lowering the rate, you heard 29%, again, allowing corporations to be more competitive in the global marketplace. these are things we want to accomplish and a big bold bipartisan plan is one we're looking for. >> congressman richmond, is that something you can get on board with? >> we're still looking at the plan and still concerns about reforms to social security that our seniors would receive. i think the framework and concept is something the american people want, which is a little give-and-take on both sides so we can get past this and get back to talking about the 14 million americans unemployed and looking for work. >> you're nodding your head when he's saying that, congressman dole. i'm wondering what you're hearing from your constituents and what their major concerns are when it comes to this
Search Results 0 to 28 of about 29 (some duplicates have been removed)

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